The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1887-12-29
ALONG
N WHEELING SOON TO DE FILLED
A Joint Stock Company to DO Formed Il
Erect u Handsome Block for tho Cham.
Der OF Comm cree with nno storss and
9gsr once accommodations Details,

wheeling Is not adequately supplied
with accommodations for business people
occupying Offices. Ono Of the things most
needed Is modern Office building. The
belief ls general that there could be good
revenue derived from an. investment In
such building, and this belief will in all
likelihood reault in tho formation Of a
joint stock company for the purpoae, COM
posed Of number Of leading business
men and capitalists, nearly all members
Of tho Chamber OF Commerce. tits ex.
pected tina. such company will DO incor-
porated within month, and no time will
be lost In pushing tho project to early
completion.
An ISTgLLloENcER reporter, In a talk
with one OF the gentlemen most actively
engaged In the scheme, learned come in
tetes.ing points. The plan 10 to form a
company with capital stock OF $4,000.
fiity per cent Of which Is to be paid In at
the start. 1t 10 proposed 10 expend at
least the full amount Of tho capital stock
in the purchase OF ground and the cree.
ten Of the building, the difference be.
tween the amount Of capital stock paid In
and the cost Of the ground md building
TO be covered by Issuing bonds, which arc
to run, say thirty yeara-they would prob.
ably be l0-S0., with che privilege reserved
by the company Of rodeeming one thou.
sand dollars OF them every year.
1t Ia calculated that the income from
such q building would easily pay the In.
forest, redeem $1,000 yearly and leave
enough to form q comfortable sinking
fund for repairn and taxes.
The location OF tho building will be on
Market street. between Twelfth street and
the creek. Three or four sites have been
considered by those in the pcheme.
Whether 1t will be building Of four. five
or elk stories, Ia question TO be deter.
mined further along, but it will bs one OF
impooing modern architecture, well nr.
ranged as to spacious halls and entrances,
good light, q fast running passenger ele.
vator and possibly two; heated by steam
throughout, fro proof, fitted completely
with sanitary plumbing md supplied
with free jsnitor service. Electric light.
ing and an electric call system would also
form a portion OF lis outfit.
The frat floor 10 designed to accommo.
date with spacious quarters three or four
stores and banking houses, and tho upper
floors 10 comprise forLy.fve or fifty Offices
OF various sizes, and a hall with adjoining
committee, smoking and reading rooms
for the Chamber OF Commerce. And it is
possible that there might alGo be arranged
In the building large assembly room
such az nome Of tho German singing socie-
ties would like to leMe for q long period.
OF late there have been several demands
ior hall larger than any in the city.
In snswer to question Cd to who the
people are that would be likely to occupy
thGse rooms, the following list was hastily
compiled to show what there would be to
draw o.:
Wheeling bus 5 aschitects, II attorneys
at.law, 10 bauke, 0 merchandise broke.a,
10 stock and loan brokers', civil en-
gineeIa and surveyors, 8 express compa-
niss, II fire insurance companies, lie in
sursnce company, l5insursaCe agents and
brokers, ! mercantile agency. II real
estate agents, which mako total Of 1874
to aay nothing Of dentists, music teachers,
newspapers and printing Offices and others
who require Office room. It is q fact not
generally known that on Market and Main
streets from Twelfth strest to the creek
there are about 800 rooms used as Offices.
A number Of manufacturing concerns
have otiican In the heart Of the city and
they too could probably be drawn on.
The building ss outlined would afford
/ it,lr = A..
the different buaiuesa referred to and st
the came time iorm an oaice center
toward which renters would gravi!ate nat.
furally. In case ths building should be
named the ."Chamber OF Commerce" it
would clothe that body with now
and becoming dignity. That ouch q
b7ilding would be paying investment
there Is no question. 1t might pay better
than many Of tho western investments
constantly made with Wheeling money.